Currency Trading For Dummies®

I’d just say that the stock market has many different functions, but one of the ways it operates is as a real-time, information-processing mechanism. Information is created, stuff’s going on, it’s incorporating those into prices as they happen. So, what’s the probability that IBM will be bankrupt tomorrow? Rounds to zero. How about three years from

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The Bank of International Settlements20 estimates the size of the foreign exchange market to be $5.1 trillion per day for April 2016, which would come out to around $1,860 trillion per year. The World Bank estimates the GDP of all the world's countries combined at around $75 trillion for the year 2016. This means that the foreign exchange market is

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In the absence of the ability to see the future, how can we position our portfolios for what lies ahead? I think much of the answer lies in understanding where the market stands in its cycle and what that implies for its future movements. As I wrote in The Most Important Thing, “we may never know where we’re going, but we’d better have a good idea

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views the Friday close as particularly meaningful, a perspective that implies that a strong or weak close on Friday is more likely than not to see follow-through price action at the beginning of the following week. Insofar as this premise is true, even if the trade ultimately proves correct, there is a good chance there will be an opportunity to re

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